Bloomberg Originals
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Ross Is Surprised Investors Haven't Raised PPIP Funds: Video
Posted
March 23, 2012
Views
180
March 23, 2012
180
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3:58Now PlayingOct. 15 (Bloomberg) -- Wilbur Ross, billionaire investor and founder of WL Ross & Co., talks with Bloomberg's Lori Rothman and Mark Crumpton about the U.S. Treasury's Public-Private Investment Program, or PPIP.
Ross said he was surprised that four of nine investor groups havent raised money to buy distressed assets from troubled banks as part of a U.S. Treasury program. (This report is an excerpt. Source: Bloomberg)
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